In the meantime I would love to have some helpful information or ideas to share with the buyers when we meet and ideally an agreement/contract we could fill out together once new terms are agreed to and then share that with the attorney so he could draft up the formal instrument for recording.If you have experience with this type of scenario, I’d love to hear any recommendations you have or any helpful resources you could point me to for the appropriate paperwork.Under foreclosure laws, you have to send appropriate notices and try to work with the borrower and offer a loan mod before foreclosure anyway. 

The underwriting process is certainly more arduous than most acquisitions but through my personal experiences some of the lenders are far more knowledgeable about the requirements and make for a far easier process for both seller and buyer.

I’d love to connect with others who are house hacking or rehabbing in the area and share experiences.

I don't have a lot of experience, but I do have the ability to exchange my time, so that could be a form a currency that benefits them. 

Our third partner, who has experience with smaller projects in Detroit, also finds this endeavor overwhelming.

My vision for CountOnCam LLC is to be a company that would like to provide a shared housing experience for women and children, immigrants, and low income families.

Sounds like you’ve got a solid foundation with your GC and project management experience.

In my experience, you need to open the llc, then go to IRS.gov and get an EIN number.

Private lenders specializing in DSCR loans and rental portfolio financing may experience increased demand.

@Walter PinedaEven if someone give you a referral, what meets their expectations, may not meet yours.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!